Examination

Back-Office Test | Qualified Back Office Staff

Upon successful completion of the Back-Office Test, the required qualification for registration as a "Qualified Back-Office Staff" (QBO) in accordance with the Clearing Conditions of Eurex Clearing AG is obtained.

A list of further proofs accepted for the registration as a QBO is contained in the information memorandum QBO / QCS.

Examination conditions

The test consists of 30 questions from the subject areas:

  • Product overview
  • Clearing Conditions
  • Transaction management
  • Risk management
  • Collateral management

The questions are randomly selected from a pool of 90 questions. The exam lasts 20 minutes.  To pass, 75% of the maximum score must be achieved.

The examination fee is 200 Euro (238 Euro incl. VAT).

Test preparation

The question catalogue containing all exam questions is publicly available. This material is sufficient for preparation.

Date and venue

Test dates are agreed individually. Please contact academy@deutsche-boerse.com.

Employees of a Eurex Trading Participant may take the test online in their own premises (under the supervision of a designated Compliance Officer).

Registration at Eurex Clearing

Registration as a QBO is independent of registration for the Back-Office Test and not via the Capital Markets Academy. The registration process is described in the Information Memorandum QBO / QCS.